Investment Appraisal: A Simple Introduction
By K.H. Erickson
Published: November 11, 2013.
Investment Appraisal: A Simple Introduction offers an accessible guide to its tools and uses. Understand and calculate the accounting rate of return (ARR), payback period (PP), net present value (NPV), and internal rate of return (IRR). Work through extended examples for each method, and find the NPV or IRR with Excel. Evaluate the approaches, and learn the procedures for successful investment.